Zimbabwe’s central bank said on Friday its first Treasury Bill auction in seven years, aimed at raising $3.25 million, was oversubscribed more than four times as the government started open.
Zimbabwe’s central bank on Wednesday sought to raise 30 million Zimbabwe dollars ($3.27 million) at its first public auction of treasury bills since 2012. Between 2013 and last year, the.
South Africa’s rand steadied against the dollar in early trade on Monday, but the currency hovered near a 4-week low hit last week after rating agencies Fitch and Moody’s warned.
Nigeria is backing its commitment to join Africa’s recently agreed free trade zone by setting up a committee to implement the agreement, and promising new laws where necessary to enact.
Zambia’s economy is projected to grow by around 2.5% this year, down from an initial projection of almost 4%, Finance Minister Bwalya Ng’andu said. Africa’s second-largest copper producer has encountered.
According to President Muhammadu Buhari, Nigeria and German company Siemens have agreed a road map to increase Nigeria’s “reliable” power supply to 11 000 MW by 2023. The president of.
The National Bureau of Statistics on Monday said the Consumer Price Index (CPI) which measures inflation rate dropped to 11.22 per cent in June 2019. It is the lowest inflation.
The Transmission Company of Nigeria (TCN) says it has received 1.661 billion dollars from multi-lateral donors to boost power supply in the country. Mr Usman Mohammed, the Managing Director of.
Egypt’s arrears to foreign oil companies declined to $900 million at the end of June from $1.2 billion a year ago, the petroleum minister said on Thursday, adding that the.
Egypt’s annual urban consumer price inflation eased to 9.4% in June from 14.1% in May, official statistics agency CAPMAS said on Wednesday, a sharper decline than many analysts had expected.
